1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Flauer [41]
3 years ago
12

A small barber shop has a single chair and an area for waiting, where only one person can be in the chair at a time, and no one

leaves without getting their hair cut. So the system is roughly: Entrance → Wait → Haircut → Exit Assume customers arrive at the rate of 10 per hour and stay an average of 0.6 hour. What is the average number of customers in the barber shop? (Round your answer to 1 decimal place.)
Business
1 answer:
AleksandrR [38]3 years ago
6 0

Answer:

There are 6 customers in the barber shop on an average.

Explanation:

As per the Little's law, the average number of costumers or individuals in a system (L) can be calculated by multiplying the average arrival rate (λ) and the average time each customer spends in the system (W).

The algebraic expression, is as follows:

L = λW

Here,

L=inventory or average number of customers in the system.

λ=arrival rate = 10

W=flow time average customer spends in the system = 0.6

L = 0.6 * 10 = 6

Thus, there are 6 customers in the barber shop on an average.

You might be interested in
The ________ holds that the organization’s task is to determine the needs, wants, and interests of target markets and to deliver
allochka39001 [22]

Answer:

Societal marketing

Explanation:

Societal marketing: The societal marketing is that marketing concept which focuses on serving the society at their best level by satisfying their needs, wants, and interest and keep the profit motive aside.  

It aims to produce such goods and serving those services which helps to improves the business organization image, goodwill, reputation to a larger extent. By satisfying the society at large, the organization can strengthen its long term success.  

This market concept is closely related to the Corporate Social Responsibility (CSR)

So, According to the given definition, the most appropriate term is Societal marketing

6 0
3 years ago
A large research hospital is considering a new computer-based training course for lab safety. The total cost of the hospital's c
choli [55]
First of all, let us calculate the annual gains: they are 80000-60000=20000$. In three years, the profit will be 3*20000=60000$. Hence, the break-even investment would be 60000$. For a year after that, the profit will be 20000$; hence the return on investment would be 20000/60000=33,33% per year. After 6 years, the investment would have yielded a 100% profit (return on investment).
7 0
3 years ago
When a negotiable instrument is transferred, the transferor warrants all of the following EXCEPT:_______
egoroff_w [7]

Answer:

The answer is "that, the transferee is also an instrument holder only in the precise way".

Explanation:

In the given question the correct choice was missing. so, the correct choice can be defined as follows:

This is a signed contract guaranteeing a monthly payment to just the individual or consumer in question like,  Inspections, money orders, and promissory notes are typical examples of negotiable instruments, in which its holder is the instrument only for the transferor, and the wrong choice can be defined as follows:

  • In choice a, it is incorrect because not all signatures were authentic.  
  • In choice b, it is incorrect because the issuer is solvent as far as she does not know.
  • In choice c, it is wrong because the system was changed.
4 0
3 years ago
What is a pain point of operations as a Freelancer that Fiverr helps alleviate?
kicyunya [14]

The pain point of operations as a Freelancer that Fiverr helps alleviate is financial constraint and looking or lack of job.

<h3>What are financial constrain?</h3>

This is known to be when a person or firm lacks money to run their basic activities.

Note that Fiverr has eliminate the stress of looking for a job and as such, The pain point of operations as a Freelancer that Fiverr helps alleviate is financial constraint and looking or lack of job.

Learn more about financial constraint from

brainly.com/question/14140096

#SPJ1

5 0
2 years ago
Advanced Company reports the following information for the current year. All beginning inventory amounts equaled $0 this year.
Vesnalui [34]

Answer:

$183,000

Explanation:

Advanced Company

<u>Income Statement for the year -  absorption costing</u>

Sales  ($71 x 21,000 units)     $1,491,000

Less Cost of Sales               ($1,008,000)

Gross Profit                              $483,000

Less Expenses

Operating expenses             ($300,000)

Net Income                              $183,000

where,

Cost of Sales = Units Sold x Product Cost

                      = 21,000 x $48

                      = $1,008,000

Product Cost = all manufacturing costs (absorption costing)

                      = $19 + $21 + $3 + ($175,000 ÷  35,000)

                      = $48

6 0
3 years ago
Other questions:
  • When they produce 20,000 units per month, sanders incorporated has variable costs of $392,000 and fixed costs of $242,000. if sa
    12·1 answer
  • What is the benefit of the responsibility accounting system?
    5·1 answer
  • quizlit Businesses finance their operations using a mixture of ______. debt, such as issuing bonds, and equity, such as issuing
    7·1 answer
  • Residual Claims Haung. Inc; is obligated to pay its creditors $10,700 very soon.1. What is the market value of the shareholders
    9·1 answer
  • The _______ dialog box displays formatting tabs for Font, Number, and Alignment
    5·2 answers
  • 10 points Return to questionItem 3Item 3 10 points Suppose Stark Ltd. just issued a dividend of $2.24 per share on its common st
    5·1 answer
  • Which of the following cities currently has a city government with a strong mayor-council form of government?
    9·2 answers
  • Amazon was one of the first online retailers to launch advanced technology to track consumer visits and suggest products wheneve
    12·1 answer
  • Which of the following costs is most likely NOT included in a bill from the university for a college student living on campus?
    12·1 answer
  • fetzer company declared a $0.55 per share cash dividend. the company has 480,000 shares authorized, 456,000 shares issued, and 1
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!